Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 $4,571, 150 $ 98, 005 414,841 819,874 $1,333,020 $ 4,843,720 $ 95,196 425,120 870,859 $ 1, 391,175 $ 340,136 $ 4,964,210 $ 87,026 44),967 834,721 $1,365,714 $5,480, 300 $ 80,448 496,498 na7, S04 $1,464,450 $ 326,110 $5,767,920 $ 81,640 578,298 Sales Cash Accounts receivable, net Inventory Total current assets 906, 745 $1,568,683 $ 409,039 Current liabllities $107,033 $332,220 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentege answers to 1 decimal plece (I.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 6 Sales Cuitent ossefs Cash Accounts recervable, net invontory Total current assets Carrent abildies
Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 $4,571, 150 $ 98, 005 414,841 819,874 $1,333,020 $ 4,843,720 $ 95,196 425,120 870,859 $ 1, 391,175 $ 340,136 $ 4,964,210 $ 87,026 44),967 834,721 $1,365,714 $5,480, 300 $ 80,448 496,498 na7, S04 $1,464,450 $ 326,110 $5,767,920 $ 81,640 578,298 Sales Cash Accounts receivable, net Inventory Total current assets 906, 745 $1,568,683 $ 409,039 Current liabllities $107,033 $332,220 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentege answers to 1 decimal plece (I.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 6 Sales Cuitent ossefs Cash Accounts recervable, net invontory Total current assets Carrent abildies
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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